LX Group, through LX International, plans to acquire a 100% stake in Hankuk Glass Industries (HanGlas) from Glenwood PE for about 600 billion won ($506 million). A formal contract is expected in Q1 2022.

Aptean, a provider of enterprise software, acquired Systems Integration (Trading) Ltd., a UK-based provider of ERP and MES solutions for the food processing industry. The acquisition expands Aptean's presence in the UK and adds protein processing capabilities.

BYD Auto Industry and Daimler Greater China signed an agreement for BYD to increase its stake in Shenzhen DENZA New Energy Automotive from 50% to 90%, with Daimler retaining 10%. The deal is expected to close in mid-2022.

Holcim signed an agreement to acquire Malarkey Roofing Products, a US residential roofing company with projected 2022 net sales of $600 million. The transaction is valued at $1.35 billion in cash.

Wavin B.V., an Orbia business, announced it will acquire a majority stake in Vectus Industries Limited, a manufacturer of plumbing and drainage pipes and water storage tanks in India. The deal is expected to close in Q1 2022.

Quadrivio Group's Industry 4.0 fund acquired a majority stake in Soft Non Wovens, an Italian non-woven fabric producer, from the Verzoletto and Falco families. The families remain shareholders and reinvest alongside the fund.

Imtech Belgium, part of the Cordeel Group, acquired Elektrotechniek Van Hecke (EVH), an electrical installation company based in Evergem, Belgium. The entire team of 40 employees remains on board, and CEO Peter Van Hecke continues as managing director.

Trelleborg Group finalized the acquisition of a division of US-based Alpha Engineered Composites that produces polymer coated fabrics for niche applications. The division had annual sales of approximately SEK 90 million. The transaction was consolidated as of 30 December 2021.

China Rare Earth Group Co. Ltd was formally established on December 23, 2021, as a merger of rare earth units from Aluminum Corporation of China (CHALCO), China Minmetals Corporation, and Ganzhou Rare Earth Group, plus two research institutes. The new SOE will control about 62% of China's heavy rare earths supply.

Van Horn, Metz & Co., Inc. (VHM), a specialty raw material distributor, acquired Ivanhoe Industries, Inc. of Tullytown, PA, a distributor of industrial chemicals for personal care, rubber, elastomers and lubricants. The agreement was finalized December 23, 2021.

Zone Climate Services, a Wind Point Partners portfolio company, acquired Total Line Refrigeration, a commercial refrigeration and HVAC company in Cleveland, Ohio, expanding Zone's Midwest footprint into Ohio.

SCAT Enterprises has been acquired by Taglich Private Equity, which recently acquired Air Flow Research Heads. The transaction includes the Procar by SCAT seating division. SCAT's management team and production facility in Redondo Beach, California will remain.

HGR Industrial Surplus acquired Tramar Industries, a CNC machinery marketplace. The acquisition will merge their marketplaces and expand offerings for buying and selling industrial equipment across North America.

China Minmetals Rare Earth confirmed that the State Council approved a merger of rare earth arms of China Minmetals, Aluminum Corp. of China (Chalco), and Ganzhou Rare Earth Group to form a new state-controlled rare earth behemoth.

Chaney Enterprises closed on the acquisition of TW Block & Concrete of Onley, Virginia, including the TW Barge Terminal in Onancock, Virginia. All 25 employees will be retained.

Industrial distributor Rubix, a portfolio company of Advent International, acquired SEALL s.r.o., a Chomutov-based hydraulics and pneumatics distributor with five Czech locations and 65 employees.

SFS Group announced an agreement to acquire 100% of Hoffmann SE, a Munich-based tools distributor with ~3,000 employees and ~EUR 1.0 billion in 2021 sales. A portion of the purchase price will be paid in new SFS shares, subject to shareholder approval on January 31, 2022.

SK hynix announced it has received merger clearance from China's SAMR for its acquisition of Intel's NAND and SSD business, completing all required clearances in eight jurisdictions. The first closing consideration is USD 7 billion, and SK hynix will acquire Intel's SSD business, associated IP, employees, and the Dalian facility.

Arneg, a commercial refrigeration equipment manufacturer, acquired Italian industrial refrigeration contractor Frigo Tecnica Internazionale, based in Ascoli Piceno.

Cementos Molins, through its subsidiary Precon, acquired 100% of precast concrete structures company Molins Prenavisa from Kartesia. The deal integrates about 770 employees and adds three factories in Spain.

Itema, a provider of weaving solutions, completed the acquisition of Lamiflex, an Italian producer of composite material components, becoming its sole shareholder.

Synext Group, controlled by Cerea Capital, acquired 75% of Dima S.r.l., a Modena-based manufacturer of industrial plants for pasta filata cheese production. The remaining 25% stays with the Aldrovandi family.

Symphony Industrial AI announced the acquisition of Proceedix, a developer of connected frontline worker platform. The deal extends Symphony's industrial software solutions into plant and factory processes.

Croda will sell most of its performance technologies and industrial chemicals division to Cargill Inc in a $1 billion deal, as Croda shifts focus to life sciences and consumer businesses.

Lenovo Medical Technology (Shanghai) Co., Ltd. announced the full acquisition of endodoctor GmbH, a German endoscope R&D, manufacturing and service enterprise. This is Lenovo's first overseas acquisition in the endoscopy field.

Rio Tinto entered into a binding agreement to acquire the Rincon lithium project in Argentina as part of its portfolio decarbonisation plan.

Culligan International and Waterlogic Group Holdings signed a definitive agreement to combine, creating a leader in sustainable drinking water solutions and services. The combined company will serve over 100 million consumers globally.

Quidel Corporation signed a definitive agreement to acquire Ortho Clinical Diagnostics for $24.68 per share, representing an equity value of approximately $6.0 billion. The transaction is expected to close in the first half of fiscal year 2022.

Soft Non Woven, an Italian producer of non-woven fabric for industrial applications, sold a majority stake to Industry 4.0 Fund, a private equity vehicle of Quadrivio Group. The company expects 2021 revenue of about €36 million.

Howden has completed its acquisition of Compressor Products International (CPI), a Houston-based maker of aftermarket components and services for reciprocating compressors. The deal adds to Howden's aftermarket presence in North America and Europe.

AGCO announced an agreement to acquire Appareo Systems, a leader in software engineering, hardware development and electronic manufacturing for agricultural and aviation industries. The acquisition is expected to close in January 2022.

Yield Engineering Systems, Inc. (YES) acquired Semiconductor Process Equipment Corp. (SPEC) of Valencia, California. SPEC adds wet processing equipment (cleaning, etching, stripping, plating) to YES's portfolio for semiconductor applications.

Sonepar USA, the U.S. operations of French-based Sonepar Group, has agreed to acquire Richards Electric Supply Company Inc., a Cincinnati-based electrical products distributor. The deal is expected to be completed in 2021.

Paragon Partners acquired a 55% stake in KME SPECIAL, a global leader in casting moulds and technologies for the steel industry, from KME SE. KME SE retains a 45% stake in the newly formed joint venture.

Gerken GmbH is acquiring the lifting systems division of Allgaier GmbH, effective January 1, 2022. The acquisition includes the machinery fleet and all employees of the division, expanding Gerken's aerial work platform rental business in southern Germany.

Hy-Tek Holdings, a portfolio company of Dunes Point Capital, has acquired Advanced Handling Systems (AHS), a material handling automation integrator based in Erlanger, Kentucky. AHS has two facilities in the US and employs approximately 90 people.

Eve UAM, LLC, an Embraer company focused on urban air mobility, entered a definitive business combination agreement with Zanite Acquisition Corp. to list on the NYSE under ticker EVEX. The transaction includes up to $237 million from Zanite and a $305 million PIPE, with Embraer retaining an ~82% stake.

Reliance Steel & Aluminum Co. acquired Rotax Metals Inc., a Brooklyn-based service center specializing in copper, bronze and brass alloys. The acquisition was announced on 2021-12-21.

Saint-Gobain entered into a definitive agreement to acquire 100% of Rockwool India Pvt Ltd from Alghanim group. Rockwool India is a stone wool insulation manufacturer with two plants in Hyderabad and Silvassa, total capacity around 50,000 tons. The acquisition is expected to close in Q1 2022.

FW Thorpe Plc announced the acquisition of 50% of the share capital of Ratio Electric B.V., a Dutch specialist in electrical power connection and distribution systems. The acquisition was announced on 2021-12-21.

Ardagh Group and a Canadian teachers' fund reportedly plan to sell their food and speciality metal cans joint venture Trivium Packaging next year, with Citigroup and Evercore hired as advisers. The enterprise value could exceed $4 billion.

Cemex announced on December 20, 2021, the sale of one integrated cement plant, one grinding plant, seven ready-mix concrete plants, one aggregate quarry and one terminal in Costa Rica and one terminal in El Salvador to Cementos Progreso for approximately US$335 million. The sale is expected to close in the first half of 2022.

STERIBITE, a medical device company, has gained controlling interest via a merger with Precision Manufacturing Group (PMG), a contract manufacturer in Wooster, Ohio, to bring manufacturing in-house.

ClearWater Solutions and Midwest Water Operations have merged to create a 400-employee company providing water and wastewater operations and maintenance services in 12 states across the Southeastern United States.

Omni-Lite Industries Canada has acquired Designed Precision Castings, a manufacturer of investment castings for aerospace, defense, industrial and energy applications, in a stock and cash transaction valued at US$5.7 million.

Pipeline Packaging, a packaging distributor, has acquired MidStates Container Company to expand its market reach in the Midwest with complementary product lines and services.

InVivo Group has acquired 100% of Soufflet Group, a French agri-food family group, creating one of Europe's leading agricultural players with revenues of nearly €10 billion.

Ensto Oy has acquired an additional 55% stake in Arcteq Relays Oy, increasing its ownership to 75% (from a previous 20%). The contract was signed on December 20, 2021. 25% remains with current owners.

Silvi Concrete, a division of Silvi Materials, has acquired all assets of L&L Redi Mix Concrete, including six concrete plants in New Jersey, a recycling facility, and a masonry supply yard.

Evoqua Water Technologies has signed a definitive agreement to acquire the renal business (Mar Cor Purification/Cantel Medical) from STERIS for $196.3 million. The business is headquartered in Plymouth, Minnesota, with 27 service facilities in the US and Canada.